[Milsurplus] Apex Electronics

[David Stinson]

----- Original Message ----- 
From: "Peter Gottlieb" <nerd at verizon.net>
Subject: Re: [Milsurplus] Apex Electronics


> Here is what holds me back from a lot of purchases.
>... The problem is that most places want to price even obscure items at
> the kind of price where only someone who REALLY, REALLY needs that exact 
> item
> would pay that price.  I won't go out of my way to visit the place again.

Another example of not understanding money time-value.
"It's better to make a fast dime than a slow dollar,"
because a wise salesman will turn that dime over twenty times
while the foolish salesman is waiting for someone desperate.

I'm not a fan of "pack-rattery," especially in business.
It's just foolish. There's one reason a place
becomes buried-alive  in *stuff*:
Their prices are too high.
Get the price right and someone will buy,
freeing capital for another investment.
Money tied-up in things like obsolete CRT monitors
is eroded by inflation, plus the ongoing opportunity costs
of capital rotting away in dead inventory.
If you fire-saled the stuff and did nothing more than
put it in an indexed fund, you'd average 9%.
All that dead capital could be out scouting dirty
old barns, where the real treasures are still hiding.

73 Dave S.